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Welcome!

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Select Properties Group

Glenn - (410) 703-6699 , Natalie - (410) 533-3362

glenn@selectpropertiesmd.com

natalie@selectpropertiesmd.com

info@selectpropertiesmd.com

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Welcome

Please explore the resources within our website, you will find everything you need to buy or sell a home as well as learn about the market value of homes. You can search for homes with detailed descriptions, photos, community and school information and so much more.

We are ready to assist you with all of your real estate needs. Our approach is customized for each client; our solutions are never one-size-fits-all! Please view this website as an introduction of our services and capabilities in this local area. Give us a call or send an email when you are ready to visit some homes or to schedule a free home buying or selling consultation. We look forward to working with you!

 
Select Properties Group
Contact Info:
Cell:

Glenn - (410) 703-6699

Natalie - (410) 533-3362

Email:

glenn@selectpropertiesmd.com

natalie@selectpropertiesmd.com

info@selectpropertiesmd.com

 
RE/MAX Leading Edge Office
2049 West Street, Suite D
Annapolis, MD 21401
Main Office: 410-224-3200
Office FAX: 410-224-4350

 
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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Contingent
MLS#:
MDAA2000619
Type:
Fourplex
Lot size:
1.9 Acres
Year built:
1956
Courtesy: Taylor Properties
Last Updated: 12/4/2021 5:14 AM

INVESTOR ALERT. IMMEDIATE VALUE-ADD POTENTIAL for rare 4-unit in Annapolis. The building is a converted schoolhouse that contains four-two bedroom units. All units are occupied and are on month-to-month leases. The net operating income is approximately $46,434.00. All units are metered separately (plus a common space meter) and have central A/C. Units were updated in 2013 (floors, paint, appliances, and a few with new cabinets). The driveway was asphalted and central A/Cs were installed in 2019. Tenants are responsible for their one electricity and their cable/internet. Owner pays for the common space electric, dumpster, water, septic maintenance, lawn service, and pest control quarterly contract. Have never had issues renting - historically a low vacancy rate for this property. The building sits on 1.9 acres and there MAY BE potential to subdivide the property to create a buildable lot in the rear/side of the property (agent/owner make no representations or promises with respect to the buildable lot; buyer to do their own due diligence). Property is being sold as-is. Tenants would like to stay. OPEN HOUSE STYLE SHOWINGS: Wednesdays and Sundays. This will help make it easy to get into each property and it's less of an inconvenience to the tenants. Contact the agent for more details for showings.